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STRONG MAY 2021GREATER TORONTO AREA HOME SALES REMAIN BELOW MARCH PEAK

Thursday Jun 3rd, 2021

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STRONG MAY GTA HOME SALES REMAIN BELOW MARCH PEAK

STRONG MAY 2021GREATER TORONTO AREA HOME SALES REMAIN BELOW MARCH PEAK     TORONTO, ONTARIO, June 3, 2021 – Residential transactions reported through TRREB’s MLS® System remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May. Greater Toronto Area... [read more]

Is the Real Estate Market Going to Crash?

Tuesday Mar 2nd, 2021

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Is the Real Estate Market Going to Crash

Is the Real Estate Market Going to Crash? While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the market. However, those first days of uncertainty ushered in a... [read more]

New Year, New Home? Set Homeownership Goals Whether You’re Buying, Selling, or Staying Put

Monday Jan 4th, 2021

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New Year, New Home?

New Year, New Home? Set Homeownership Goals Whether You’re Buying, Selling, or Staying Put The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021. Home buyers, is this the year you work to improve your credit score, pay... [read more]

Greater Toronto Area Real Estate Prices moved up by 2.9% in September 2018 amidst drop in Home Listings

Wednesday Oct 3rd, 2018

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Greater Toronto Area Real Estate Prices moved up by 2.9% in September 2018 amidst  drop in Home Listings TORONTO, October 3, 2018 -- Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 6,455 sales through TREB's MLS® System in September 2018 – up 1.9 per cent compared to September 2017.  The average selling price for September 2018 sales was up by 2.9 per cent over the same period to $796,786.  The MLS® HPI... [read more]

Greater Toronto Area (GTA) Real Estate Sales drop by 16% while Home Prices were down 4.3% in December 2018

Saturday Jan 5th, 2019

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Greater Toronto Area (GTA) Real Estate Sales drop by 16% while Home Prices were down 4.3% in December 2018 TORONTO, January 4, 2019 -- Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB's MLS® System in 2018.  This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017.  Total new listings entered into TREB's MLS® System... [read more]

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